A Mumbai-based brokerage noted that two-thirds of Sona’s revenues currently accrue from North America and Europe while just about a fourth come from India. The move to tap Chinese OEMs is positive, it said, adding that within five years, more than half of Sona’s revenue will originate from eastern markets as light vehicle sales in US and Europe are projected to decline. Read more: https://tinyurl.com/48hyj28y